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« Nobel Prize for Doris Lessing; Call a customer-service human; Russian Viagra spammer murdered... | Main | Al Gore shares Nobel Peace Prize with UN climate change panel » October 12, 2007BIF-3: Mark Cuban wants to buy Cubs -- and Verizon
The billionaire entrepreneur says he's been practicing his waltz and has lost 27 lbs. After that, Wall Street Journal tech columnist Walter Mossberg got to ask him some questions at the second day of the Business Innovation Factory summit. Here's a bit of video I shot, just to give you a sense of the conversation (25.49 seconds, 12 mb mpeg file).
Why would you want to buy the Cubs? It's not a sure thing yet, add Cuban, who does own the Dallas Mavericks. "All I've been able to do is say I'm interested and go through the qualification process and we'll go on from there." On the early days: Mossberg said, "You were one of the great innovators, coming up with a great idea -- video -- and selling it for a bunch of money. (Broadcast.com) These folks are interested in how." Cuban: "I look at myself as a consumer. When I started Micro Solutions in 1982, I was selling PCs... the success factor was understanding the application of tech to business. "In 1983 I got in touch with Novell Shared Data systems, and said at some point we're going to want to link all these PCs together. The rest is history." Is video on the Web a destination or just a data type? On broadband: Cuban said: "Public companies want a return. Innovation has stagnated because of (the demand for) earnings per share. You're going to see more companies go private that need to make significant investments in order to compete. "...to me the flinch point is 100 megabytes throughput to the home. Verizon, or anybody who uses fiber can do it. "...If I could buy one company, it would be Verizon." On HDTV: "There are more hi-def channels but not a lot of hi-def content. Seventy percent of men will turn to high-def channels no matter what's on." (Mossberg added he'll watch shows on hi-def he doesn't even like.) 3-D is coming back in a big way. More than 1,000 theaters will be 3-D enabled in the next few months. "No more paper glasses." On Google's future:"Google is completely dependent on that PC. That's a bet I'm not willing to make." On the digital future: "The greatest opportunity is a new operating system." After which he listed the flaws of all the current ones. The takeaway: "Sweat equity overcomes the need for capital every time." Also blogged by Posted by Sheila Lennon |
my passport photo blogging since 2002 garden blogs archived headlines  Sheila Lennon is features & interactive producer of projo.com, the Web site of The Providence (R.I.) Journal Rhode Island |
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